A significant global IT outage, triggered by a CrowdStrike software update, is projected to be rectified by Friday night U.S. Eastern Time, according to Polymarket bettors.

CrowdStrike, renowned for safeguarding computers and networks from cyberattacks, has seen its systems disrupt banks, airlines, emergency services, and businesses worldwide. The Federal Aviation Administration issued ground-stop orders affecting most major airlines due to the outage.

Polymarket bettors are confident, placing an 89% probability on the issue being resolved by Friday night, and a 70% likelihood of a fix by Friday noon. Skepticism surrounds the possibility of a hack being the cause, with bettors assigning only a 9% chance to this scenario.

There is also an 81% chance that American Airlines will resume operations by Friday noon, according to Polymarket predictions.

CrowdStrike’s stock has plummeted over 10% in pre-market trading on the NASDAQ. The company’s CEO announced in an update posted at 5:45 PM Hong Kong Time (Friday morning U.S. time) that the issue had been identified and isolated, with a fix imminent.

Meanwhile, Bitcoin remains relatively unaffected, trading above $63,700, down 1.7% according to CoinDesk Indices data. Meme coin enthusiasts are capitalizing on the situation, with numerous CrowdStrike and Windows Blue Screen of Death-themed coins emerging on the Solana blockchains.